The ICF, Inc. coal and electric utilities model : an analysis and evaluation
Author(s)Wood, David O.; Goodman, Neil L.
Coal and electric utilities model.
Electric Power Research Institute. Massachusetts Institute of Technology. Energy Model Analysis Program.
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v.1. The Electric Power Research Institute (EPRI) is sponsoring a series of evaluations of important energy policy and electric utility industry models by the MIT Energy Model Analysis Program (EMAP). The subject of this report, an evaluation of the ICF, Inc. Coal and Electric Utilities Model (CEUM), is the second study in the series.v.2. This volume presents an evaluation of the ICF, Inc. Coal and Electric Utilities Model (CEUM) documentation, and a verification of the model's implementation. Chapter 1 reviews the development history and previous applications of the CEUM. Chapter 2 presents an evaluation of the CEUM documentation, and Chapter 3 extends the existing documentation by providing a detailed mathematical formulation of the LP portion of the CEUM. Chapter 4 reviews the program structure and operating characteristics. Finally, Chapter 5 presents the results of verifying the correspondence between documentation and computer implementation, the accuracy of implementation, and the effect of implementation errors upon model results.v.3. This volume examines two aspects of the ICF, Inc. Coal and Electric Utilities Model (CEUI1), including (1) the assumption of a constant mine lifetime and (2) the assumption of zero intertemporal rents. Chapter 1 provides an analysis of the determinants of mine lifetime, and empirical results of changing this key CEUM parameter. Chapter 2 describes the classical model of intertemporal rents, calibrates this model using data from the CEUM, and presents the effects on CEUM results of incorporating the estimated rate for intertemporal rents.v.4. An important objective in evaluating the ICF, Inc. Coal and Electric Utilities Model (CEUM) was to analyze the properties of the coal supply cost portion of the model. In this volume we report the results of this analysis, including development and implementation of an analytical representation of the coal cost function submodel, and comparison of results from the analytic and original submodels.v.5. This volume contains an overview description and an assessment of the utility generation capacity expansion component of the ICF Coal and Electric Utilities Model (CEUM). The first section includes adiscussion and description of those portions of the CEUM relevant to electric generation expansion. We discuss that version of the model extant in September 1978, which was used for producing the model results published by ICF, Inc. Following the descriptive portion of this volume there is an assessment of the capabilities of the CEUM generation expansion technique. Finally, Section 7 discusses application areas for which the CEUM would be appropriate or inappropriate.v.6. This volume collects together several short papers and notes relating to demand, transmission, transportation, environmental controls, and other topics considered in the Energy Model Analysis Program (EMAP) review of the ICF, Inc. Coal and Electric Utilities Model (CEUM). Chapter 1 considers the CEUM treatment of electricity and non-utility coal demand, and Chapter 2 presents a method for approximating the CEUM demand component for potential use in simplifying calculation of full model results for supply component computational experiments. While suggestive, this procedure was not employed in the EMAP review. Chapters 3 and 4 consider the CEUM treatment of electricity transmission and environmental controls, respectively. Chapters 5 through 9 are short notes on the topics of the role of long-term contracts, use of the uniform distribution in allocating unclassified resources, issues of reserve classification, transport modes, and the role of the general inflation rate.v.7. Throughout the Final Report (Volume I) and the companion volumes, reference is made to a series of computational experiments performed with the ICF, Inc. Coal and Electric Utilities Model (CEUM). This volume documents these computational experiments and presents the rationale for each experiment, the actual changes implemented, and the summary results.
[Cambridge, Mass. : Massachusetts Institute of Technology, Energy Laboratory, 1981]
Energy Laboratory report (Massachusetts Institute of Technology. Energy Laboratory) no. MIT-EL 81-015.
Electric utilities, Coal, Coal trade, Power resources